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Brandman Retail Ltd IPO
NSE SME Bookbuilding IPO Fresh Capital Closed Live Chart
GMP +₹27 +15.34% Est. Listing ₹203 P&L/Lot +₹21,600
Issue Price
₹176
Face ₹10
GMP
+₹27
+15.34% premium
Est. Listing
₹203
GMP based
Lot Size
800
shares / lot
Min Amount
₹140,800
1 lot · 800 shares
Live Price
tap to chart
Allotment
Important Dates
6/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
04 Feb 2026
Wed Completed
Done
Close Date
06 Feb 2026
Fri Completed
Done
Allotment
09 Feb 2026
Mon Completed
Done
Refund
10 Feb 2026
Tue Completed
Done
Demat Credit
10 Feb 2026
Tue Completed
Done
Listing Date
11 Feb 2026
Wed Completed
Issue Details
Pricing & Size
Issue Price
₹176 Face ₹10
Lot Size
800 shares
Min Investment
₹140,800
Total Issue Size
48,91,200 shares (agg. up to ₹86 Cr)
IPO Information
Issue Type
Bookbuilding IPO
Sale Type
Fresh Capital
Listing Exchange
NSE SME
Script / Ticker
-
Allocation Breakdown
Market Maker
2,44,800 (5.00%)
QIB Portion
23,20,000 (47.43%)
NII / HNI
6,99,200 (14.30%)
Retail
16,27,200 (33.27%)
Employee
-
Net Offer to Public
46,46,400 shares (agg. up to ₹82 Cr)
Shareholding Pattern
Pre-Issue Shareholding
1,35,65,986 shares
Post-Issue Shareholding
1,84,57,186 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 2 1,600 ₹2,81,600
HNI / NII 3 2,400 ₹4,22,400
Objects of Issue
4 objectives
1
Funding Capital Expenditure for expansion of our New Retail Network by launching 15 Exclusive Brand Outlets (EBOs) and Multi-Brand Outlets (MBOs)
27.90 Cr
2
Working Capital Requirements for New EBOs and MBOs
11.78 Cr
3
Working Capital Requirements for Existing EBOs and MBOs
267.22 Cr
4
General Corporate Expenses
Lead Managers & Market Maker
Book Running Lead Managers
Gretex Corporate Services Ltd
Market Maker
Gretex Share Broking Pvt.Ltd
Shree Bahubali Stock Broking Ltd.
IPO Timeline
Open
04 Feb
✓ Done
Close
06 Feb
✓ Done
Allotment
09 Feb
✓ Done
Listing
11 Feb
✓ Done
Registrar Details
Bigshare Services Pvt.Ltd
SEBI Registered Registrar & Transfer Agent
Phone
+91-22-6263 8200
Email
ipo@bigshareoline.com
Company Contact
Email
info@brandmanretail.com
Phone
011-46052323
Address
DPT 718-719, 7th Floor DLF Prime Tower Okhla Industrial Area Phase-I, South Delhi, New Delhi, 110020
Grey Market Premium
LIVE
Current GMP
+₹27
+15.34% vs Issue Price
Issue Price
₹176
Est. Listing
₹203
Lot Size
800 shares
P&L / Lot
+₹21,600
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
Brandman Retail Ltd LIVE
INR ·
vs Issue
Open
High
Low
Mkt Cap
P/E
52W H
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| Price
Market Reference
IPO Issue Price
₹176
GMP
+₹27 (+15.34%)
GMP Est. Listing
₹203
Previous Close
Exchange
Data from Yahoo Finance. May be delayed 15–20 min. GMP is unofficial. Not investment advice.
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
QIB 23,20,000 (47.43%) ₹4,083.20 Cr
NII / HNI (Total) 6,99,200 (14.30%) ₹1,230.59 Cr
Retail Investors 16,27,200 (33.27%) ₹2,863.87 Cr
Total ** 48,91,200 (100.00%) ₹86,085.12 Cr
Market Maker * 2,44,800 (5.00%) ₹43.08 Cr
* Based on ₹176.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
QIB
23,20,000 (47.43%)
NII
6,99,200 (14.30%)
Retail
16,27,200 (33.27%)
Market Maker
2,44,800 (5.00%)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Financial Summary
Amount in Rs Cr
Metric31 Dec 202531 Mar 202531 Mar 2024
Revenue97.21136.30123.49
PAT19.6720.958.27
EBITDA27.0231.1512.01
Net Worth60.2629.798.84
Total Assets101.3184.7340.49
Reserves46.7017.048.59
Borrowings15.6811.873.53
Key Financial Ratios
43.69%
ROE
Return on Equity
36.92%
ROCE
Return on Capital Employed
32.64%
RONW
Return on Net Worth
20.64%
PAT Margin
PAT / Revenue
28.35%
EBITDA Mgn
EBITDA / Revenue
0.26
D/E Ratio
Debt to Equity
15.45
Pre EPS
EPS Pre-Issue
14.21
Post EPS
EPS Post-Issue
11.39
Pre P/E
P/E Pre-Issue
12.38
Post P/E
P/E Post-Issue
About Brandman Retail Ltd

Established in 2021, Brandman Retail Limited distributes international sports and lifestyle brands.

The company operates through four key pillars: distribution, licensing, retail, and e-commerce. It is committed to innovation, customer centricity, and sustainability.

The company operates Exclusive Brand Outlets (EBOs) in northern India, including cities like Ahmedabad, Ambala, Dehradun, New Delhi, Jalandhar, Bathinda, Gurugram, Lucknow, and Noida. Each store meets the License Grantee's standards and primarily represents the New Balance brand under a non-exclusive distribution agreement.

The company operates two MBOs called "Sneakrz" in Bhatinda and New Delhi and 11 EBOs.

The company holds non-exclusive distribution agreements to ensure a diverse, high-quality product range for customers.

They sell online through Flipkart, Ajio, and Tata Cliq, fulfilling monthly orders.

Competitive Strength:

  • Experienced promoters and professional team.
  • Omni-channel Distribution network.
  • Asset light and Scalable Business Model.
  • Strength comes from strategic locations across North India, ensuring strong market access.
  • Diverse product portfolio and access to global market.
  • Strong Brand Synergy & Growth Potential.
  • Growing Consumer Base & Strong Customer Loyalty.
Frequently Asked Questions
What is the issue price of Brandman Retail Ltd IPO?
The issue price of Brandman Retail Ltd IPO is ₹176 per share, face value ₹10.
What is the lot size?
Minimum lot size is 800 shares, requiring ₹140,800.
What are the IPO dates?
Opens 04 Feb 2026, closes 06 Feb 2026.
When is the listing date?
Tentative listing: 11 Feb 2026 on NSE SME.
What is the current GMP?
Current GMP is +₹27, estimated listing ₹203 (+15.34%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Brandman Retail Ltd IPO · Expected 09 Feb 2026

Check on Registrar
Post-IPO Timeline
Allotment Date
09 Feb 2026
Refund Initiation
10 Feb 2026
Demat Credit
10 Feb 2026
Listing Date
11 Feb 2026
Live Price LIVE
Quick Facts
Closed
GMP Signal
Bullish
+₹27
+15.34%
Issue Price
₹176
Face ₹10
Lot Size
800
shares / lot
Min Amount
₹140,800
1 lot
Est. Listing
₹203
GMP +₹27
Key Dates
Open
04 Feb Done
Close
06 Feb Done
Listing
11 Feb Done
Registrar
Bigshare Services Pvt.Ltd
A
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